Manz AG

Manz AG received a follow-up order from a global tier 1 automotive supplier for a high-volume inverter assembly line. The order is in the low double-digit million-euro range and will be delivered to the customer's new plant in Mexico.

Manz AG has acquired a globally operating Tier 1 automotive supplier as a new customer and received an order for an assembly line for inverters for electric vehicles, to be installed in Eastern Europe, with a volume in the upper single-digit million-euro range.

Manz AG received a major order from Britishvolt to supply cell assembly equipment for the first expansion stage of a lithium-ion battery cell production line in Northumberland, England. The order volume is over EUR 70 million for a 4 GWh capacity line. Delivery is scheduled for 2023, with production start by end of 2023.

Manz AG was awarded a contract by BMW to build a highly integrated battery production line at the Parsdorf site, including equipment for electrode coating and cell assembly. The order value is in the substantial double-digit million euro range.